Kingstone Companies, Inc (NASDAQ:KINS) will be discussing 2Q20 financial results with the investment community.on 7th August 2020 at 8:30 AM eastern time.
The company released its quarterly earnings, after the market close on Thursday 6th August 2020
Those interested in listening to the conference call live via the Internet can visit www.kingstonecompanies.com
Quarterly Results
Kingstone Companies, Inc unwinded income for the second quarter of $ 0.23 per share, from the revenue of $ 26.64 million. The quarterly earnings swell 130.00 percent while revenues contracted 14.62 percent compared with the same quarter last year.
According to street consensus, KINS was expected to report 2Q20 income of $ 0.22 per share from revenue of $ 27.57 million. The bottom line results beat street analysts by $ 0.01 or 4.55 percent, at the same time, top line results fell short of analysts by $ 0.93 million or 3.37 percent.
Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to small businesses and individuals in New York. The company offers personal lines insurance products, including homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies. It also provides commercial liability policies, such as business owners policies comprising primarily of small business retail, service, and office risks; artisans liability policies for small independent contractors; multi-peril policies for larger and specialized risks, and business owners risks; and commercial umbrella policies.
